Urinalysis Market to Witness Robust Expansion Throughout the Forecast Period 2022-2028

Stratview Research has published a new report titled “Urinalysis Market” which is segmented By Product (Consumables, Instruments), Application (Pregnancy, Diabetes, Kidney Disease, UTI), End User (Hospitals and Clinical Laboratories, Diagnostics Laboratories, Research Laboratories and Institutes, Home Care Settings), and Region.

As per the study, the Urinalysis Market was projected to grow from USD 3.45 billion in 2021 to USD 5.46 billion by 2028 at a CAGR of around 6.8% during the forecast period.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

By end-user, the urinalysis market has been bifurcated into hospitals and clinical laboratories, diagnostics laboratories, research laboratories and institutes, and home care settings. The hospitals & clinical laboratories segment accounted for the largest market share in 2021 and is projected to register significant growth during the review period. The segment growth can be attributed to the established presence of healthcare infrastructure and skilled staff.

By region, the North American market accounted for the largest market share in 2021 and is projected to grow at a robust CAGR during the review period. This can be attributed to increasing investment in the development of advanced products to conduct urine tests coupled with expanding geriatric populace and the presence of key market players such as Beckman Coulter Inc. (US) and ACON Labs Inc. (US). The market growth in Asia-Pacific is expected to be driven by an increasing number of people suffering from chronic lifestyle diseases such as diabetes.

Who are the Key Players in the Market?

This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Urinalysis Market:

• Siemens Healthineers AG (Germany)
• F. Hoffmann-La Roche AG (Switzerland)
• Beckman Coulter Inc. (US)
• Sysmex Corporation (Japan)
• Arkray (Japan)
• ACON Labs Inc. (US)
• Bio-Rad Laboratories, Inc. (US)
• 77 Elektronika Kft (Hungary)
• Mindray Medical International Limited (China)
• URIT Medical Electronic Co., Ltd. (China).

Key questions answered by the report

• What is the projected CAGR for revenue from the Urinalysis Market during the forecast period?
• What would be the market be valued at by 2028?
• What is a major driving factor for growth of the market?
• Which region accounted for largest revenue share in the Urinalysis Market?
• Which are the major market players?

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